Warren Buffett is synonymous with Berkshire Hathaway but there will eventually be the day when the 85-year-old investor is no longer at the helm of the company he founded. When that day arrives UBS’ Brian Meredith believes the company will be able to get along just fine without its long-time leader. “While Buffett’s superior capital allocation […]

Warren Buffett is nearing the 10% stake in Wells Fargo & Co. that will require him to pass a Federal Reserve review before he can keep building his stake in the company. As of December 31 his stake in the company included 506 million shares, or 9.9%, according to regulatory filings uncovered by Bloomberg. The […]

Warren Buffett, chairman and chief executive of Berkshire Hathaway appeared on CNBC on Monday and said owning IBM shares could prove to be a costly mistake. “We’ve owned stocks that we’ve lost money in,” said Buffett. “If I’m wrong, you sell them out and take a big loss. We’ve done that on a few occasions […]

Warren Buffett is increasing his bets on big oil, taking a sizable stake in oil pipeline company Kinder Morgan at the end of 2015. The energy company’s stock shot up 10% Wednesday morning after Buffett’s buy was revealed in a routine regulatory filing. Buffett has famously proclaimed in the past, “be fearful when others are greedy […]

Trading in the shares of Chinese conglomerate and Club Med owner Fosun International was suspended on Friday. The company’s billionaire chairman has become unreachable and may be under investigation by Chinese authorities. Guo Guangchang, 48, who is regularly called “China’s Warren Buffett,” had been out of contact since Thursday. Several social media postings suggest that […]

It’s not uncommon for Berkshire Hathaway to acquire large stakes in companies, however, the company’s founder, Warren Buffett, rarely spends his own money on stocks. That’s what made his purchase of 2 million shares in Seritage Growth Properties this week so special. His 2 million shares are worth 8% of the company and Buffett is […]

Warren Buffett’s Berkshire Hathaway on Monday said it reduced its stake in Goldman Sachs Group by 13 percent during the third quarter. Berkshire Hathaway threw its support behind the investment banking giant during the height of the 2008 global financial crisis. In a U.S. Securities and Exchange Commission filing, Berkshire said it owned 10.96 million […]

Warren Buffett believes America has never been in better shape. During a talk at Fortune’s Most Powerful Women conference in Washington, D.C., Buffett proclaimed “America’s great now — it’s never been greater.” It’s too bad got Donald Trump that he’s using the campaign slogan, “Make America Great Again!” Buffett is by far one of the biggest […]

Warren Buffett’s Berkshire Hathaway has revealed a $4.48 billion stake in oil refiner Phillips 66 The 57.98 million-share, or roughly 10.8 percent, stake was revealed in a Friday night filing with the U.S. Securities and Exchange Commission. Berkshire owned a much larger stake in the company but sold two-thirds of its investment in February 2014. […]

Warren Buffett has invested in some of America’s most iconic brands including Coca-Cola, Geico, and Wrigley. Berkshire Hathaway is also the most successful investment firm in the world, a title that has allowed Mr. Buffet to remain as one of the world’s richest people. In his many years as an investor Warren Buffett has offered […]

Every year billionaire investor Warren Buffett auctions off a lunch date and every year someone bids an incredible amount of money to sit down with one of the world’s richest men. This year the winning bid was auctioned off for $2.35 million. The winning bid was placed by Chinese gaming company Da Lian Zeus Entertainment. […]

Image: Paul Sapiano/Flickr Berkshire Hathaway’s annual “Woodstock of Capitalism,” its shareholder meeting, happens on April 30 this year. Warren Buffett’s baby is by far America’s most beloved conglomerate. What’s behind the fame? Buffett and his partner Charlie Munger are investing prodigies, but so are, say, Carlos Slim and Donald Trump, and you don’t see their […]